Institutions can use BlackRock’s BUIDL token for collateral and earn interest on Hidden Road.
Liquidity providers B2C2, IMC, Laser Digital, and software vendors Talos and TT have also joined the platform.
Hidden Road
Hidden Road, a global credit network for institutions
trading digital assets, announced it has added several exchanges to its
prime brokerage platform. The company also expanded the use of BlackRock’s
BUIDL token, accepting it as collateral across its network.
New Exchanges Join Hidden Road
Michael Higgins, Global Head of Business Development at Hidden Road, Source: LinkedIn
In a press release today (Monday), Hidden Road stated that
it is now integrated with Coinbase International Exchange, following a tie-up
with Coinbase Exchange in 2022. Other new integrations include OKX, Deribit,
Bitfinex, Bullish, AsiaNext, and SIX Digital Exchange.
Michael Higgins, Hidden Road's Global Head of Business
development, highlighted the significance of using BlackRock’s BUIDL token as
collateral. He noted that with current high interest rates, institutions
trading digital assets in large volumes are unlikely to ignore the
approximately 5% virtually risk-free return from holding a BlackRock money
market fund token.
Higgins pointed out that any non-carry asset faces
challenges when clients can use the BUIDL token as collateral while also
earning interest.
Broadening Platform Integration
Due to its existing partnership with the Chicago Mercantile
Exchange (CME), Hidden Road can also cross margin and margin finance digital
asset tokens such as BUIDL on the CME, Higgins added.
In addition to the new exchanges, liquidity providers B2C2,
IMC, and Laser Digital, along with software vendors Talos and TT, have also
joined Hidden Road’s platform.
“Previously, a client could only post bitcoin as collateral
and Hidden Road would provide margin financing to trade on the CME. But of
course the bitcoin didn't earn interest. Now they can still do that, but they
could also post BUIDL as collateral and we'll fund them dollars on the CME. The
difference is that with BUIDL, they earn interest,” Higgins said.
“As far as we
know, we are the only clearing firm that allows customers to post digital
assets as margin to trade on the CME.”
Hidden Road, a global credit network for institutions
trading digital assets, announced it has added several exchanges to its
prime brokerage platform. The company also expanded the use of BlackRock’s
BUIDL token, accepting it as collateral across its network.
New Exchanges Join Hidden Road
Michael Higgins, Global Head of Business Development at Hidden Road, Source: LinkedIn
In a press release today (Monday), Hidden Road stated that
it is now integrated with Coinbase International Exchange, following a tie-up
with Coinbase Exchange in 2022. Other new integrations include OKX, Deribit,
Bitfinex, Bullish, AsiaNext, and SIX Digital Exchange.
Michael Higgins, Hidden Road's Global Head of Business
development, highlighted the significance of using BlackRock’s BUIDL token as
collateral. He noted that with current high interest rates, institutions
trading digital assets in large volumes are unlikely to ignore the
approximately 5% virtually risk-free return from holding a BlackRock money
market fund token.
Higgins pointed out that any non-carry asset faces
challenges when clients can use the BUIDL token as collateral while also
earning interest.
Broadening Platform Integration
Due to its existing partnership with the Chicago Mercantile
Exchange (CME), Hidden Road can also cross margin and margin finance digital
asset tokens such as BUIDL on the CME, Higgins added.
In addition to the new exchanges, liquidity providers B2C2,
IMC, and Laser Digital, along with software vendors Talos and TT, have also
joined Hidden Road’s platform.
“Previously, a client could only post bitcoin as collateral
and Hidden Road would provide margin financing to trade on the CME. But of
course the bitcoin didn't earn interest. Now they can still do that, but they
could also post BUIDL as collateral and we'll fund them dollars on the CME. The
difference is that with BUIDL, they earn interest,” Higgins said.
“As far as we
know, we are the only clearing firm that allows customers to post digital
assets as margin to trade on the CME.”
X Open Hub’s CEO, Michal Copiuk, on the developments of AI
X Open Hub’s CEO, Michal Copiuk, on the developments of AI
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
FX and CFDs in Africa: Key Industry Trends | FMAS:24
FX and CFDs in Africa: Key Industry Trends | FMAS:24
As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion, and opening new investment opportunities. Learn about the digital transformation's impact on trading –the role of technology, social platforms, and automated systems in democratizing market access.
SPEAKER: Christoforos Panagiotou, Africa Regional Manager at Fxview @Fxview
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
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As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion, and opening new investment opportunities. Learn about the digital transformation's impact on trading –the role of technology, social platforms, and automated systems in democratizing market access.
SPEAKER: Christoforos Panagiotou, Africa Regional Manager at Fxview @Fxview
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
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👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Asset Allocation & Trading in a Lower Interest Rate Environment | FMAS:24
Asset Allocation & Trading in a Lower Interest Rate Environment | FMAS:24
Traditional investment paradigms shift in a lower interest rate environment, compelling investors to reassess their asset allocation and trading strategies. This scenario prioritizes diversification beyond conventional bonds and equities. Investors should adapt by seeking assets with the potential for higher yields, considering global markets, and employing dynamic trading strategies that leverage short-term market fluctuations, all while managing risk more meticulously to safeguard returns.
SPEAKER: Roger Eskinazi, Managing Partner at Tickmill South Africa
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
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Traditional investment paradigms shift in a lower interest rate environment, compelling investors to reassess their asset allocation and trading strategies. This scenario prioritizes diversification beyond conventional bonds and equities. Investors should adapt by seeking assets with the potential for higher yields, considering global markets, and employing dynamic trading strategies that leverage short-term market fluctuations, all while managing risk more meticulously to safeguard returns.
SPEAKER: Roger Eskinazi, Managing Partner at Tickmill South Africa
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage.
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